Eric He discloses Bilibili (BILI) Class Z share and RSU stake

Rhea-AI Filing Summary

Bilibili Inc. director Eric He filed an initial statement of ownership showing beneficial holdings in the company’s Class Z Ordinary Shares. The filing reports 182,411 Class Z interests, consisting of 169,779 shares and 12,632 restricted share units.

The RSUs vest in two equal installments: 50% on September 15, 2026 and the remaining 50% on September 15, 2027. Each restricted share unit represents a right to receive one Class Z Ordinary Share upon vesting, so these awards increase his future equity exposure as they vest.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

He Eric

(Last) (First) (Middle)

C/O BILIBILI INC., BLDG. 3 GUOZHENG CNTR

NO. 485 ZHENGLI ROAD, YANGPU DISTRICT

(Street)

SHANGHAI F4 200433

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/17/2026

3. Issuer Name and Ticker or Trading Symbol
Bilibili Inc. [ BILI ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class Z Ordinary Shares	182,411(1)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents (1) 169,779 Class Z Ordinary Shares and (2) 12,632 restricted share units (the "RSUs"), 50% of which shall vest on September 15, 2026 and the rest shall vest on September 15, 2027. Each RSU represents a contingent right to receive one Class Z Ordinary Share of the Issuer.

	/s/ Eric He	03/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What does Eric He’s Form 3 filing for Bilibili (BILI) show?

The Form 3 shows Eric He’s initial beneficial ownership in Bilibili’s Class Z Ordinary Shares. It reports 182,411 total interests, combining 169,779 shares and 12,632 restricted share units that convert into shares as they vest over time.

How many Bilibili (BILI) Class Z shares does Eric He beneficially own?

Eric He beneficially owns interests in 182,411 Class Z Ordinary Shares of Bilibili. This total includes 169,779 existing shares plus 12,632 restricted share units, each representing a contingent right to receive one additional Class Z share upon vesting.

What restricted share units did Eric He report in Bilibili (BILI)?

Eric He reported 12,632 restricted share units in Bilibili, each tied to one Class Z Ordinary Share. These RSUs vest 50% on September 15, 2026 and the remaining 50% on September 15, 2027, gradually increasing his direct equity stake as they vest.

When do Eric He’s Bilibili (BILI) RSUs vest?

The restricted share units disclosed by Eric He vest in two stages. Half of the 12,632 units vest on September 15, 2026, and the remaining half vest on September 15, 2027, assuming applicable vesting conditions are satisfied at those dates.

Does Eric He’s Bilibili (BILI) Form 3 show any share purchases or sales?

The Form 3 is an initial ownership report and does not show any share purchases or sales. It simply discloses Eric He’s existing beneficial holdings in Bilibili Class Z Ordinary Shares, including both currently held shares and time-vested restricted share units.